Governor Rick Snyder’s administration will appeal a judge’s ruling that would delay any deal between the state and Detroit on a plan to fix the city’s fiscal crisis. A state financial review panel will also meet Wednesday to review its options.
The judge ordered the state and the city to not make any agreements before a hearing on March 29th.
Geralyn Lasher is the governor’s communications director. She says the governor is still sticking with his deadline of March 26 for a deal with Detroit to avoid a state takeover.
“This would really delay that process," she says. "We know that the city of Detroit has told they are going to be running out of money. We know that Moody’s has downgraded their credit rating. We know that time is of the essence to fix the financial situation in Detroit.”
Lasher says the city and the state need to continue negotiations regardless of what’s happening in court. Detroit Mayor Dave Bing and the city council are in the process of drafting their counter-offer to Governor Snyder’s proposed consent agreement.